Case study 4
Windows and Doors
Debt Recovery and Collections Strategy
The business operated in the modular building and caravan sectors, offering warranties with its goods. The opening sales ledger balance was £5,131,419, with cash collections reaching £4,199,729 (82% recovery). A pre-appointment site visit assessed the debt position, and within 12 hours, a detailed report was issued highlighting key debt issues and reviewing customer contracts. Hidden dilution arose from free repairs and snagging services, requiring full invoice and POD backups. Collaboration with the Administrator ensured enhanced realisations and strategic leverage.
Modular building and caravan sector focus
£5,131,419 outstanding balance
Customer contract review and issue identification
Comprehensive invoice and POD backup
£4,199,729 cash collections (82% recovery rate)
Enhanced realizations through strategic leverage
Successful collaboration with the Administrator
